3030 W Washington St - Fast Food FOR SALE


Stephenville, TX 76401
$1,500,000 USD
972-755-5279
3030 W Washington St, Stephenville, TX for Sale
$1,500,000 USD
Fast Food - FOR SALE
1/8
null | Request Cap Rate

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3030 W Washington St
Stephenville, TX 76401


HIGHLIGHTS

  • 2,896-Square-Foot Drive-Thru Built in 2017 on 0.76-Acre Lot
  • Frontage Access on U.S. Highway 377 with Over 27,084 VPD
  • Priced Below Replacement Cost at $517 Per SF
  • Near Walmart Super Center with 2.7 Million Annual Visits, Ranked Top 20% Store Nationwide
  • 1.5 Miles From Tarleton State University with 21,000 Students

OVERVIEW

Paine Restaurant Group at Marcus & Millichap is pleased to present the exceptional retail investment opportunity located at 3011 W Washington Street in Stephenville, Texas. Positioned along U.S. Highway 377, one of the city's most heavily traveled commercial corridors, this modern retail property was constructed in 2017 and offers approximately 2,896 square feet of well-designed interior space. The building features a highly functional single-story layout with a convenient drive-thru window and a spacious concrete parking lot, creating an ideal setting for a variety of retail and restaurant users. Strategically located on the west side of Stephenville directly across from Sonic, the property enjoys outstanding exposure and benefits from the established customer draw created by nearby national retailers. The surrounding area continues to experience significant residential and commercial expansion, including a planned apartment development across the street that is expected to further increase customer traffic and long-term demand. As Stephenville's primary commercial corridor, U.S. Highway 377 connects the city to surrounding regional markets while capturing visitors associated with Tarleton State University and neighboring communities. Combined with its flexible layout, excellent accessibility, and location within one of Stephenville's fastest-growing commercial corridors, this property offers investors a compelling opportunity for stable occupancy and long-term value appreciation.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$488 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,149 SF

ZONING

Commercial

APN/PARCEL ID

R000076141

ASK ABOUT THIS PROPERTY

John PainePaine Restaurant Group at Marcus & MillichapMore Info
972-755-5279

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John PainePaine Restaurant Group at Marcus & MillichapMore Info
972-755-5279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.